Fundamentals for March 30, 2017

Forex Signal March 29, 2017
March 28, 2017
Forex Signal March 31, 2017
March 30, 2017
Here’s what we at The Trader Guy for watching for March 30: 1:30 PM GMT US Final GDP quarter over quarter is released. Expected to be 2.0%, a number higher than that should be good for the US dollar as it increases anticipation of interest rate hikes. A less than expected number could have a relatively negative effect on the greenback. 1:30 PM GMT US Unemployment Claims is released. Expected to be 244,000 for the week, a number higher than that is negative for the employment outlook, and therefore could have a bit of a negative knock on effect with the US stock indices. Alternately, a number that is a lower-than-expected could be quite positive. 3:30 PM GMT US Natural Gas Storage figures are released, expected to be a drawdown of 37 billion. A number higher than that would be bullish for natural gas which had taken off to the upside during the Wednesday session. A less than expected draw would of course be negative as it would show demand falling off. Thank you for watching and see you again tomorrow.

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